
Cybersource Exec On Credit Card Fraud
Ecommerce Conversations
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How Much Do You Manage Fraud?
The largest online merchants are spending about 25 basis points of revenue to manage fraud on average. CyberSource processes over $120 billion in online payments last year for e-commerce. Privacy laws and other laws really prohibit us sharing any information we receive with third parties. We can use the data we get from all of our merchant space which is nearly 300,000 merchants.
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